How does labor market competitiveness frame the impact of greater labor productivity and lower inequality on poverty? Specifically, does greater competitiveness increase the impact of higher labor productivity and lower inequality on poverty reduction? In a simple model, we show that there is complementarity between competitiveness and productivity – the greater is one, the larger is the impact...

This paper analyzes labor productivity and the law of decreasing labor content (LDLC) originally formulated by Farjoun and Machover (1983). First, it is shown that the standard measures of labor productivity may be rather misleading, owing to their emphasis on monetary aggregates. Instead, the conventional classical-Marxian labor values provide the theoretically and empirically sound measures o...

I propose a framework to estimate the relation between age and productivity potential (a work performance measurement based on cognitive and non-cognitive skills and the labor market importance of these skills). This is done to show that the age–productivity curve is not necessarily static but can vary with changing labor market requirements. By basing the analysis on age variation in individua...

abstract in this paper,using a structural decomposition analysis (sda) and the latest available input-output tables we investigate the sources of labor productivity growth in norway, south korea and iran. then, the contribution of each source in the growth of labor productivity is discussed. the results show that among six factors, value added coefficient is the most influencing factoracross al...

This paper incorporates labor search frictions into a model with lumpy investment to explain a set of …rm-size-related facts about the United States labor market dynamics over business cycles. Contrary to the predictions of standard models, we observe that job destruction is procyclical in small …rms but countercyclical in large ones. Calibrated to U.S. data, the model generates this asymmetric...

This paper sheds light on the transferability of human capital in periods of dramatic structural change by analyzing the unique event of German Reunification. We explore whether the comparatively low labor productivity in East Germany after reunification is caused by the depreciation of human capital at reunification, or by unfavorable job characteristics. East German workers should have been h...

Labor productivity (LP) in the United States has gone from being procyclical to acyclical since the mid1980s. Using industry-level data, this paper first shows that total factor productivity (TFP), which is LP net of capital deepening, has also become much less correlated with output as well as inputs over the same period. Moreover, the bulk of the decline in aggregate TFP’s cyclicality is attr...

distribution income show how national income divide between economic sectors and social groups. it effect on social justice and many factors effect on it, such as productivity of labor force and employment rate. in this paper, factors affecting distribution income, especially productivity of labor force have been analyzed by panel data model for 32 countries during 1998-2005. the results show e...

Economic growth in Sub-Saharan Africa has been characterized by deindustrialization. Conventional economists argue that this is due to a bad environment for business decision making. This paper provides a classical explanation for deindustrialization, the failure to solve the food problem. That is, food staple prices have risen rapidly resulting in labor becoming costly, although physically abu...

The paper looks at the dynamics of employment in South Africa and examines the factors that contributed to the job-shedding observed during the recent financial crisis. The paper finds that the rapid growth of the real wage, which outpaced the labor productivity growth in most sectors, played an important role in suppressing employment creation. The paper also finds that while there is a co-int...